A rope is a bundle of flexible fibers twisted or braided together to increase its overall length and tensile strength. Ropes may be used for hunting, carrying, lifting, and climbing dates back to prehistoric times.
The capital investment required is US$ 13,178 generating TR of US $ 468,000 per year with an annual profit level of US $102,052. However, the payback period is estimated at 2 months.
Fibers and filaments are first formed into yarn. The yarn is then twisted, braided, or plaited according to the type of rope being made. The diameter of the rope is determined by the diameter of the yarn, the number of yarns per strand, and the number of strands or braids in the finished rope.
To make plastic ropes, chemists and chemical engineers must do the following on an industrial scale:
- Prepare raw materials and monomers
- Carry out polymerization reactions
- Process the polymers into final polymer resins.
- Produce finished products.
Basing on the demand for plastic ropes, this plant will produce 1,000 ropes per day totaling to 26,000 ropes per month.
Ropes will be made from plastics and a combination of chemicals to give them strength, which have been processed to allow them to be easily formed and extruded into long filaments.
Market Analysis & Projected Demand
The demand for plastic ropes is very high especially in the fishing, building and construction, & farming industry. Plastic ropes may also be exported to neighboring countries.
The project costs to establish this plant are shown in tables below:
Capital Investment Requirements in US$
Operating Costs in US$ General Costs (Over heads)
|Item||Units||@||Qty/ day||Prod. Cost/ day||Prod. Cost/ month||Prod. Cost/ Year|
|Repair & Servicing||500||6,000|
|Depreciation(Asset write off) Expenses||295.6||3,548|
|Sub – total||3,196||38,348|
|Total Operating Costs||30,496||365,948|
Project Product & Price Structure in US$
Profitability Analysis in US$
|Profitability Item||Per day||Per Month||Per Year|
|Less: Production & Operating Costs||1,050||30.495.6||365.948|
Sources of Supply of Raw Materials
The major raw material is Plastics which are purchased from local individuals at a relatively cheaper Price all over the country and chemicals used are readily available in chemical dealing industries & shops.
Government Facilities and Incentives Available:
Government is encouraging the recycling of plastics in a bid to minimize environmental degradation in Uganda hence availability of raw materials.